The first round of the 2012 NHL Draft is complete. Here's a full list of draft picks and analysis from Sporting News.

1. Edmonton Oilers: Nail Yakupov, RW, Sarnia (OHL)

It wasn't a sure thing until GM Steve Tambellini announced it, but the Oilers got it right. Despite a gaping organizational need at defenseman and the presence of Ryan Murray, Yakupov was the right decision. He'll fit in nicely on a line with fellow No. 1 picks Taylor Hall and Ryan Nugent-Hopkins for the next 10 years or so.

So Nail, will you be in Edmonton next year?

"Why not? I think I'm ready for the NHL," Yakupov said on the NHL's draft broadcast.

2. Columbus Blue Jackets: Ryan Murray, D, Everett (WHL)

Edmonton made things easy for Columbus GM Scott Howson, who would've likely traded the No. 2 pick had Murray gone No. 1 overall. Murray has size, skating ability and can play right away.

After trading for Sergei Bobrovsky earlier in the day to pair with Steve Mason in net, Columbus still is going to need a lot of blue line help in front of that shaky duo. Murray will take time to develop—he needs to bulk up some—but should eventually be a strong two-way presence. Now, what will the Blue Jackets do with Rick Nash? Howson said that he didn't expect a deal at the draft.

3. Montreal Canadiens: Alex Galchenyuk, C, Sarnia (OHL)

Give the Canadiens credit, too: They weren't scared off by the fact that Galchenyuk missed most of the season with a knee injury. He's a dynamic offensive talent with good size who was in the discussion to be the No. 1 pick before his injury, which he returned from during the postseason. He had 31 goals as a rookie in the OHL alongside Yakupov.

4. New York Islanders: Griffin Reinhart, D, Edmonton (WHL)

Reinhart's a physically impressive defenseman who got a legitimate look from Edmonton as the No. 1 pick. This pick came a few minutes after the Isles traded for Lubomir Visnovksy. Garth Snow clearly was out to improve his defense over the weekend, and he got it done.

5. Toronto Maple Leafs: Morgan Rielly, D, Moose Jaw (OHL)

Rielly, by virtually all accounts, is the best offensive defenseman of his class. He had three goals and 15 assists after rehabilitating a torn ACL suffered earlier in the season. He adds skating ability to a Leafs blue line that desperately needed it. GM Brian Burke was reportedly contemplating trading up and trading down, but stayed put and made Rielly his guy.

"This is a young man that thinks the game well and sees the ice well," Burke said.

6. Anaheim Ducks: Hampus Lindholm, D, Rögle (Sweden)

Lindholm was the first off-the-board pick of the draft. He was rated closer to No. 20 by most, but blew observers away with his performance at the Scouting Combine.

He's got good size, at 6-2, and is a solid skater, but he'll come into the league at disadvantage, given the profile of players the Ducks passed on to select him.

7. Minnesota Wild: Matt Dumba, D, Red Deer (WHL)

Dumba's a physical player with a wide range of skills. He had 57 points last season. There are concerns about his propensity to gamble on open-ice hits and whether his relative lack of size will force him to change his game in the NHL, but his upside is undeniable.

Trading a young star center for the No. 8 pick worked pretty well for the Flyers last year when they selected Sean Couturier after dealing Jeff Carter to the Columbus Blue Jackets. The trade of Jordan Staal to Carolina to get this pick may not work quite as well for the Penguins, at least in the short term.

Pouliot has a reputation as an excellent skater, and is a strong offensive defenseman, but such players tend to take more time to develop. The real prize of the Staal deal for the Penguins looks like Brandon Sutter—and cap space to potentially sign Zach Parise.

9. Winnipeg Jets: Jacob Trouba, D, USHL

Committed to the University of Michigan, Trouba had nine goals and 22 assists for the USA U-18 team this past season, and had three assists for the U.S. at the World Junior Championships. Winnipeg, still in building mode and with goodwill in its second year back in the NHL, has the luxury of the time to let Trouba develop.

10. Tampa Bay Lightning: Slater Koekkoek, D, Peterborough (OHL)

The team that gave up the most goals in the NHL this season went for a defenseman, but one with an offensive mindset—Koekkoek had 18 points in 26 games in an injury-plauged season with Peterborough in the OHL. Shoulder surgery in November ended his campaign in juniors, and it would figure that he would need more time before cracking the NHL, but there is a lot of upside here, and Steve Yzerman does seem to have a long-term plan, with the security to execute it after signing Steven Stamkos long-term last summer.

Forsberg was a consensus top-five prospect in this draft class, but the run on defenseman saw him slip down the board and into the lap of the Washington Capitals.

This would have been the Avalanche's pick, but last year's Semyon Varlamov trade meant that Washington was able to return to the roots of its success with the top European forward on the board. Wonder what might have been in Colorado, with fellow Swede Gabriel Landeskog and perhaps a player who grew up idolizing Peter Forsberg (no relation) with the Avs. Instead, Forsberg goes to a team with fellow Swede Nicklas Backstrom. He's still got another year on his deal in Sweden, but this is a pick Washington should be excited about.

12. Buffalo Sabres: Mikhail Grigorenko, C, Quebec, C, (QMJHL)

Many were predicting that Grigorenko would slide—for fair and unfair reasons—and he did. The Sabres needed size and skill down the middle, and Grigorenko is loaded with both. At one point, he was neck-and-neck with Yakupov in the discussion for the top pick. Some uneven play, a bout with mono and baseless concerns over his age prompted his drop. Odds are the Sabres don't care all that much.

Grigorenko said he had a feeling the Sabres would pick him and mentioned Alexander Mogilny, "the best Russian who ever played there" when he met reporters at Consol Energy Center.

13. Dallas Stars: Radek Faksa, C, Kitchener (OHL)

Faksa, like Grigorenko, is a physical center. A native of the Czech Republic, he followed the lead of players like Grigorenko and Yakupov, opting to play juniors in Canada. Though he only played one season in Kitchenere, he made it count—he led all OHL rookies in goals (29), assists (37) and points (66) during the 2011-12 season.

Girgensons gives Buffalo even more size down the middle. He's a defensively responsibly center and, though committed to Vermont, is apparently physically mature enough to turn pro next season.

15. Ottawa Senators: Cody Ceci, D, Ottawa (OHL)

Ceci is a workhorse defenseman with a shot that was clocked at about 97 mph at the Combine. He also produced offensively, totaling 17 goals and 43 assists. No doubt the hometown team saw more than enough of him over the winter.

16. Washington Capitals: Tom Wilson, RW, Plymouth (OHL)

Wilson's game is built around physicality. He's a violent open ice hitter and a prolific fighter, if that's what you're into. His skill isn't quite on par with his grit—he had nine goals and 18 assists with Plymouth—but scouting reports say that could change.

At 6-3 and 205 pounds as an 18 year old, Wilson could be downright scary once he finishes filling out, adding an important element of physicality to a team with a lot of skill players up front, and one that already added Filip Forsberg for the future five picks earlier. Wilson may have been a reach this high in the draft, but that's the luxury of a second first-round pick.

17. San Jose Sharks: Tomas Hertl, C, HC Slavia (Czech Republic)

Hertl had 12 points and 13 assists playing against men in the Czech Republic professional league. He's reportedly got great hands but needs to work on his skating. He was also leader for the Czech Republic in the 2012 World Juniors, scoring three goals and five points in six contests.

Relevant here: The Sharks typically draft well.

18. Chicago Blackhawks: Teuvo Teräväinen, C, Jokerit (Finland)

Teräväinen was a late riser on draft boards and an even later slider. The 5-11, 165-pound Finn comes with concerns about his size, but his skill, passing and playmaking ability aren't in doubt.

It's also another draft-day steal for the Blackhawks, who snagged Brandon Saad in the second round last year. Saad was a top-five talent and nearly made the team out of camp. Naturally, Saad announced the pick

Vasilevski was the first goalie taken. He's athletic with a great reputation for his international play, and he fits Steve Yzerman's apparent preference for European goalies. Yzerman acquired Anders Lindback from the Nashville Predators last week.

20. Philadelphia Flyers: Scott Laughton, C, Oshawa (OHL)

Laughton's best asset is his heart and tenacity, which are apparently top-notch. He put a little of that on display on Friday night, when he stood on stage to relentless boos from the crowd at Consol Energy Center. Obviously, it wasn't anything personal.

Laughton's measurables aren't great, and neither was his production, but his intangibles and physicality are reportedly elite. That should help when it comes time to develop as a top-six forward, which is the expectation of a first-round draft pick.

Jankowski, by all accounts is a project, but he's 6-2 and change and had 93 points for Stanstead last season. He has first-line potential and said he grew six inches in the two years.

GM Jay Feaster traded down in the first round and was happy to wind up with Jankowski, saying afterward that he was willing to give the 17-year-old as much time as he needed to develop.

22. Pittsburgh Penguins: Olli Maatta, D, London (OHL)

The Penguins capped an impressive night by taking another defenseman; Maatta was projected by most to go in the top 12 of the draft. He's a mature defenseman who starred for Finland during the World Junior Championship. Early indications are that he's a more defensively focused player than Pouliot.

Regardless, the Penguins have a staggering amount of elite blue-line prospects in their system led by former first-rounder Joe Morrow, Scott Harrington, Pouliot, and Brian Dumoulin.

23. Florida Panthers: Michael Matheson, D, Dubuque (USHL)

Speaking of staggering amounts of defenseman, Matheson was the 11th blue liner taken with the first 23 picks. He's an offensively focused player and a strong skater, but as is typically the case with 18-year-old defensemen, there are questions about his physicality.

Matheson is also the rare elite Canadian player to opt out of the CHL in favor of the USHL. He's committed to playing for Boston College next season.

24. Boston Bruins: Malcolm Subban, G, Belleville (OHL)

Subban, the brother (and now rival) of Canadiens defenseman PK, is an elite goaltending prospect most often compared to PK's teammate Carey Price. Technically, he reportedly needs work, but his athleticism put him in the first round.

Boston was in need of a top goaltending prospect; former AHL goaltender Anton Khudobin will likely back up Tuukka Rask next season.

25. St. Louis Blues: Jordan Schmaltz, D, North Dakota (NCAA)

Committed to the University of North Dakota, Schmaltz was first-team All-USHL with the Sioux City Musketeers in 2010-11 before moving to the Green Bay Gamblers midway through this season.

A big-bodied defenseman with offensive skills, he should play right into Ken Hitchcock's system once he's ready for the NHL.

26. Vancouver Canucks: Brendan Gaunce, C, Belleville (OHL)

At 6-2 and 215 pounds, Gaunce brings much-needed size to Vancouver, and had been an under-the-radar prospect leading up to the draft. With the Canucks presumably set for a long time with their top-line center, Gaunce does not face a lot of pressure to play beyond his projections, and with a strong mental side to his game, should fit well in his new organization.

The son of former NHL defenseman Ulf Samuelsson is a right wing, and mhaving been born in Pittsburgh, drew cheers from the crowd when his selection was announced. He should also eventually get cheers in Phoenix, but probably not for a couple of years

Samuelsson has played in both the Swedish Elite League and in Canada's WHL, and while he has a well-rounded resume, he still needs to round out his game—he's known more for being a gritty agitator than anything else.

28. New York Rangers: Brady Skjei, D, U.S. National Development Program

Skjei, an incoming Minnesota Golden Gopher, is 6-3, 200 pounds and has elite skating ability, according to multiple scouting reports. He also became the record-tying 13th defenseman taken in the first round.

He fits the Rangers' organizational profile—a versatile, North American defenseman.

29. New Jersey Devils: Stefan Matteau, LW, U.S. National Development Program

The Devils had to forfeit a pick in either the 2012-13-14 drafts for the Ilya Kovalchuk contract mess. They opted to hold on to this one, despite its low placement, possibly because Lou Lamoriello has a sense of humor. Matteau is a gritty winger and the son of former Rangers winger Stephane Matteau, who scored a goal in the second overtime of Game 7 of the 1997 Eastern Conference finals to eliminate the Devils. "MATTEAU, MATTEAU, MATTEAU," indeed.

30. Los Angeles Kings: Tanner Pearson, LW, Barrie (OHL)

The third time through the draft was the charm for Pearson. At 19, he has 37 goals and 54 assists for the Bulls and could've won the OHL scoring title if he hadn't hurt his ankle. He also competed for Canada at the World Juniors.